Dealing with AI and job displacement

Technological change has accelerated in the past few decades. The digital revolution has significantly changed manufacturing processes, and the ways in which people work, consume and live. Machines powered by computer programs can be designed to plan, reason, present knowledge and learn human responses. Such machines are called intelligent machines, and the intelligence they possess is known as artificial intelligence or AI. During the industrial revolution of the 19th century, machines replaced skilled weavers in the textile industry. Today, AI machines can do much more. At the leading edge are AI programs such as AlphaGo, developed by the company DeepMind, which in March defeated Korean world champion Lee Se Dol at Go, a board game of such complexity it was long considered impossible for computers to master. AI may well…